Tesla officially discloses for the first time BTC holdings Musk competes for control of OpenAI

Headlines

▌Tesla officially disclosed its BTC holdings for the first time, with a total of 11,509 BTC

According to the 10-K document submitted by Tesla to the SEC, Tesla holds a total of 11,509 BTC, which is the first time that the official disclosed its BTC position. It is consistent with the number of positions previously disclosed by Arkham.

▌Musk offers $97.4 billion to compete with Sam Altman for control of OpenAI

A consortium of investors led by Musk has proposed to acquire a nonprofit that controls OpenAI for $97.4 billion, further exacerbating his battle with the company's CEO Sam Altman. Musk's attorney Mark Toberf said he had submitted the offer to OpenAI's board of directors on Monday. This unsolicited offer adds significant variables to OpenAI's careful plan for the future, including turning OpenAI into a for-profit company and investing up to 500 billion through a joint venture called Stargate. US dollars are used for AI infrastructure construction. Musk and Ultraman have previously launched a legal battle over the development direction of OpenAI in court. "It's time to return OpenAI to the age of open source, security first. We will make sure that this is achieved," Musk said in a statement provided by Toberf. "A spokesperson for OpenAI did not respond.

---

Quotes

As of press time, according to Coingecko data:

BTC's recent transaction price is US$97,757.44, with an intraday increase of +0.8% ;

ETH's latest transaction price is US$2,670.76, with an intraday increase and decrease of +0.9% ;

BNB's recent transaction price is US$620.94, with an intraday increase of +0.2% ;

SOL's latest transaction price is US$200.99, with an intraday increase and decrease of -1.1% ;

DOGE's recent transaction price is US$0.2562, with an intraday increase and decrease of +1.6% ;

XPR's recent transaction price is US$2.43, with an intraday increase and decrease of +0.4 % .

---

policy

▌Former NCUA President Rodney Hood serves as the acting auditor-general of OCC and has been positive about encryption

According to Fox Business Channel reporter Eleanor Terrett, former chairman of the National Credit Union Administration (NCUA), Rodney Hood, will serve as acting auditor general of the Office of the Comptroller of the Currency (OCC), and the appointment will take effect on the day.

Hood has publicly expressed his positive views on cryptocurrencies. He said in 2021 that the cryptocurrency market is crucial to credit unions and the entire financial services market, and believes that cryptocurrencies should become part of the credit union system, otherwise it will affect its competitiveness with other financial service providers. In terms of regulatory flexibility, Hood believes that “guardrails” should not be confused with “hard supervision.”

▌ SEC accepts physical redemption applications for 21Shares Bitcoin and Ethereum spot ETFs

The Securities and Exchange Commission (SEC) has accepted an application to allow 21Shares Bitcoin and Ethereum spot ETFs to be redeemed in kind.

▌U.S . Supreme Court lawyer Tom Goldstein was arrested for not disclosing $8 million in crypto assets

Tom Goldstein, a well-known U.S. Supreme Court attorney, was arrested again for not disclosing his crypto wallet. Prosecutors accused him of concealing $8 million in crypto transactions and transferring more than $6 million in crypto assets in the past five days, deeming that it has a serious risk of absconding.

Maryland federal court documents show that Goldstein violated the conditions for bail and provided false information to the court, prosecutors demanded that his bail be revoked and believed that his actions posed a potential social threat. Goldstein was indicted in January for tax evasion, accusing him of failing to declare millions of dollars in poker bonuses and embezzling law firm funds to repay gambling debts, suspected of maliciously evading the payment of $5.3 million in taxes. At present, the case is still under further trial.

▌U.S . Democratic Rep. Maxine Waters releases stablecoin regulation proposal

Rep. Maxine Waters, a Democratic U.S. Congressman, released a stablecoin regulation proposal, proposing that the Currency Supervision Agency (OCC), the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) regulate stablecoin issuers and require registered issuers to hold 1:1 reserves. Last week, Republican Rep. French Hill and Bryan Steil introduced similar bills, but advocated that the OCC regulate non-bank stablecoin issuers rather than Fed approval.

---

Blockchain application

▌Bitcoin financial services firm Fold announces expansion of cooperation with Visa

Bitcoin financial services firm Fold announced an expansion of its partnership with Visa (NYSE: V) to launch innovative Bitcoin reward card programs, including existing debit card plans and upcoming credit card products. This cooperation will use Visa’s shared services and incentives to further enhance the reward experience.

According to reports, Fold revealed that its platform features include Bitcoin purchase, early wage deposit, automatic "combination" of consumption to purchase Bitcoin, and tools to manage and grow Bitcoin assets. "Bitcoin is the next evolution of rewards, and this collaboration with Visa will further enhance the value we provide to our users," said Fold CEO Will Reeves.

Previously, Bitcoin financial services company Fold announced the completion of a $30 million convertible bond financing.

---

Cryptocurrency

▌Grayscale applied for listing Cardano ETF on the New York Stock Exchange on Monday

Cryptocurrency investment firm Grayscale applied to list Cardano (ADA) exchange-traded funds on the New York Stock Exchange on Monday, and last year, Grayscale broke the lockdown of Bitcoin ETFs by U.S. regulators, which has never been launched before despite the actions in the past. Become an independent ADA investment tool.

But the transition from regulating the cryptocurrency industry to seemingly embracing the cryptocurrency industry has given issuers more courage to think about what they can pass. Grayscale has also applied for Solana and XRP ETFs in recent weeks. These products will convert Grayscale’s preexisting cryptocurrency trust products into ETFs with a wider range of tradable ranges, and the ADA ETFs are brand new.

▌European payment giant Klarna considers integrating cryptocurrency

Sebastian Siemiatkowski, CEO of European payment giant Klarna, said on X that Klarna will embrace cryptocurrency, but no specific plan has been determined. He said Klarna will not launch a buy-in and pay-in cryptocurrency feature, and said the company still needs time to explore the best integration methods.

Klarna is valued at US$14.8 billion, with over 85 million users and an annual transaction volume of over US$100 billion. Its largest shareholder, Sequoia Capital, holds 22% of the shares.

Solana expansion solution Solaxy has raised $19 million in token pre-sale

Solana expansion solution Solaxy (SOLX), raised $19 million in an ongoing pre- sale. Solaxy aims to alleviate Solana network congestion by processing off- chain transactions, and the team also plans to build a bridge between Solana and Ethereum.

▌Bloomberg analyst: Litecoin and Dogecoin spot ETFs are most likely to be approved

According to Golden Finance, Eric Balchunas, senior ETF analyst at Bloomberg, issued a statement to predict the probability of approval of spot cryptocurrency ETFs in 2025. Among them, Litecoin (LTC) and Dogecoin (DOGE) are most likely to be approved, with the probability of 90% and 75% respectively. Solana (SOL) is 70%, and XRP is lower at 65%.

▌Binance Bitcoin reserves shrank to about 618,563 BTC at the beginning of this month, and their financial situation remains good

According to recently released exchange reserve data, the value of Bitcoin reserves on cryptocurrency exchange Binance fell by about $355 million last month, while the value of customer balances increased by about $4 billion.

Earlier this year, Binance held 622,192 BTC in its third-party custodial and exchange balances, and on February 1 this figure narrowed to 618,563 BTC. By comparison, net customer balances increased from 575,296 BTC to 615,816 BTC, which means the mortgage ratio dropped from 108% to 100%. Analysts believe that the exchange may be redistributed funds to generate returns on investment rather than over-collateralization, and it is worth noting that Binance's financial situation is still good.

---

Important economic trends

▌Spot gold plate initially hit a new historical high to US$2913.01 per ounce

The spot gold market initially hit a new historical high to $2913.01 per ounce.

▌The probability of the Federal Reserve keeping interest rates unchanged in March is 93.5%

According to CME's "Federal Observation", the probability of the Fed keeping interest rates unchanged in March is 93.5%, and the probability of cutting interest rates by 25 basis points is 6.5%. The probability of maintaining the current interest rate unchanged by May is 73.2%, the probability of a cumulative interest rate cut of 25 basis points is 25.4%, and the probability of a cumulative interest rate cut of 50 basis points is 1.4%.

▌Trump signs executive order imposes 25% tariff on all steel and aluminum imported from the United States

On February 10, local time, US President Trump signed an executive order announcing a 25% tariff on all steel and aluminum imported to the United States. Trump also said on the same day that the relevant requirements "no exceptions and exemptions." (CCTV)

Goldman Sachs: Tariffs may have a longer-term impact on the US dollar

The dollar fluctuated slightly as markets responded to a series of new tariff measures announced by Trump over the weekend. The 25% tariff on all steel and aluminum imported into the United States looks unlikely to be avoided as previously targeted to the country. "We think they will have a more lasting impact on the dollar, and the market hasn't fully digested that," said Goldman Sachs analyst Stuart Jenkins.

▌ Sam Altman responded to Musk 's offer of $97.4 billion to control OpenAI: No, thank you

OpenAI founder Sam Altman responded to Musk's offer of $97.4 billion on X platform to gain control of OpenAI: "No, thank you, but if you (Musk) want to, we will acquire Twitter for $9.74 billion."

Previous news, an investor consortium led by Musk bid for $97.4 billion to buy control of OpenAI.

---

Golden Encyclopedia

▌What is DeFAI?

DeFAI combines DeFi's decentralized financial ecosystem with artificial intelligence-driven analysis and automation. By the end of 2025, the market size of these solutions will soar from about $1 billion to $10 billion. DeFAI is still in its early stages, focusing mainly on momentum trading similar to memecoins, so there is still a lot of room for rapid development. DeFAI represents a turning point in the Crypto asset industry, combining the decentralized spirit of DeFi with the computing intelligence of artificial intelligence.

Disclaimer: As a blockchain information platform, the content of the articles published by Golden Finance is for information reference only and is not used as actual investment advice. Please establish the correct investment philosophy and be sure to improve your risk awareness.